EU: Textile Spinning Machine Market 2020

Textile Spinning Machine Market Size in the EU

The revenue of the textile spinning machine market in the European Union amounted to $X in 2017, lowering by -X% against the previous year. The textile spinning machine consumption continues to indicate a deep descent. The pace of growth was the most pronounced in 2010, when it surged by X% against the previous year. The level of textile spinning machine consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Textile Spinning Machine Production in the EU

In 2017, the amount of textile spinning machines, textile doubling, twisting, winding or reeling machines produced in the European Union amounted to X units, dropping by -X% against the previous year. The textile spinning machine production continues to indicate a drastic deduction. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. Over the period under review, the textile spinning machine production attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Textile Spinning Machine Exports in the EU

In 2017, the amount of textile spinning machines, textile doubling, twisting, winding or reeling machines exported in the European Union stood at X units, growing by X% against the previous year. The textile spinning machine exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, when exports increased by X% y-o-y. Over the period under review, the textile spinning machine exports reached its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, textile spinning machine exports stood at $X in 2017. The textile spinning machine exports continue to indicate a drastic slump. Over the period under review, the textile spinning machine exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Textile Spinning Machine Exports by Country in the EU

In 2017, Italy (X units) was the key exporter for textile spinning machines, textile doubling, twisting, winding or reeling machines, mixed up X% of total exports. The Netherlands (X units) took the second position in the ranking, distantly followed by Hungary (X units) and Germany (X units). All these countries together took approx. X% share of total exports. Sweden (X units) took the weak share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest textile spinning machine supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by Italy ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

In Germany, textile spinning machine exports plunged by an average annual rate of -X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (-X% per year) and the Netherlands (+X% per year).

Textile Spinning Machine Export Prices by Country in the EU

In 2017, the textile spinning machine export price in the European Union amounted to $X thousand per unit, falling by -X% against the previous year. The textile spinning machine export price continues to indicate a drastic contraction. The growth pace was the most rapid in 2010, when the export prices increased by X% year-to-year. The level of export price peaked of $X thousand per unit in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Germany ($X thousand per unit), while Hungary ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Italy (-X% per year), while the other leaders experienced a decline in the export price figures.

Textile Spinning Machine Imports in the EU

In 2017, the amount of textile spinning machines, textile doubling, twisting, winding or reeling machines imported in the European Union stood at X units, declining by -X% against the previous year. The textile spinning machine imports continue to indicate a deep slump. The growth pace was the most rapid in 2016, with an increase of X% year-to-year. The volume of imports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, textile spinning machine imports totaled $X in 2017. The textile spinning machine imports continue to indicate an abrupt slump. Over the period under review, the textile spinning machine imports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Textile Spinning Machine Imports by Country in the EU

In 2017, the Netherlands (X units) represented the main importers of textile spinning machines, textile doubling, twisting, winding or reeling machines in the European Union, generating X% of total import.

The Netherlands was also the fastest growing in terms of the textile spinning machines, textile doubling, twisting, winding or reeling machines imports, with a CAGR of -X% from 2007 to 2017. The Netherlands (X%) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported textile spinning machines, textile doubling, twisting, winding or reeling machines in the European Union.

From 2007 to 2017, the average annual growth rate of value in the Netherlands stood at -X%.

Textile Spinning Machine Import Prices by Country in the EU

In 2017, the textile spinning machine import price in the European Union amounted to $X per unit, coming up by X% against the previous year. The textile spinning machine import price continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2017, an increase of X% year-to-year. In that year, the import prices for textile spinning machines, textile doubling, twisting, winding or reeling machines reached their peak level, and is likely to continue its growth in the immediate term.

As there is only one major export destination, the average price level is determined by import prices for the Netherlands.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Netherlands (-X% per year).

Source: IndexBox Platform